External reports (aggregated public sources), Value Investors Club

Value Investors Club

Value Investors Club (.com) is an exclusive online investment club where top investors share their best ideas. Content available at the above link/PDF preview is an external article authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External reports (aggregated public sources)

Equity Bottom-Up

<ul><li>Investment thesis for going long on Porch Group Senior Secured Convert in the mid 50s, with a 22.5% Yield to Maturity and potential for a 75% one-year return</li><li>Option for higher risk tolerance investors to target the 2026 Notes in the 30s for more upside</li><li>Capital structure and background information on Porch Group's decline in the macro environment for housing, extreme weather-related losses, and involvement in a reinsurance fraud scandal with Vesttoo highlighted</li></ul><p><em>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.</em></p>

Investment thesis for going long on Porch Group Senior Secured Convert in the mid 50s, with a 22.5% Yield to Maturity and potential for a 75% one-year returnOption for higher risk tolerance investors to target the 2026 Notes in the 30s for more upsideCapital structure and background information on Porch Group's decline in the macro environment for housing, extreme weather-related losses, and involvement in a reinsurance fraud scandal with Vesttoo highlightedThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Porch Group Inc (PRCH) - Monday, Feb 5, 2024